BANNER LIMITED
🌳Matureactive
07464584 · ltd · incorporated 2010-12-08
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 63-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (53/100).
🏦
Refinance opportunity
10 live charges · 7 lenders · oldest 15.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 15.5 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
16 officers (2 active, 16 linked, 13 with DOB)
86
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 officers
Last 90 days
1
filing
- • 1 officers
Last 180 days
2
filings
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (70 events)Click to expand
- 2026-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-05-14➖FREELAND, Bruce Royston resigneddirector
- 2026-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-03-14➕BLACKMAN, Heather Frances appointeddirector
- 2025-03-14➖LEECH, Glenn Peter resigneddirector
- 2025-03-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-11📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-03➕LEWIS, Paul appointeddirector
- 2024-03-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-28➖WEBB, Ian John resigneddirector
- 2023-08-03📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-21📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-03-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-11-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-11-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-04🔓Charge satisfied #9
- 2021-11-04🔓Charge satisfied #7
- 2021-11-04🔓Charge satisfied #5
- 2021-10-27🔒Charge registered #10Lender: Investec Bank PLC
- 2021-05-17🔓Charge satisfied #8
- 2020-04-24🔒Charge registered #9Lender: Pnc Business Credit (A Trading Style of Pnc Financial Services UK LTD)
- 2019-07-23🔒Charge registered #8Lender: Barclays Bank PLC
- 2019-01-04🔓Charge satisfied #6
- 2019-01-04🔓Charge satisfied #4
- 2019-01-04🔓Charge satisfied #3
- 2018-12-21🔒Charge registered #7Lender: Pnc Financial Services UK LTD
- 2018-09-27➕WEBB, Ian John appointeddirector
- 2018-06-30➖OSBORNE, Nigel Richard resignedsecretary
- 2018-06-30➖OSBORNE, Nigel Richard resigneddirector
- 2017-12-31➖PLENDERLEITH, Nigel resigneddirector
- 2017-09-04➕LEECH, Glenn Peter appointeddirector
- 2016-01-31➖BEVAN, Paul resigneddirector
- 2016-01-15➕OSBORNE, Nigel Richard appointedsecretary
- 2016-01-15➖PLENDERLEITH, Nigel Brindley resignedsecretary
- 2016-01-15➕OSBORNE, Nigel Richard appointeddirector
- 2015-07-10➖FAWCUS, David resignedsecretary
- 2015-07-10➕PLENDERLEITH, Nigel Brindley appointedsecretary
- 2015-07-10➖FAWCUS, David resigneddirector
- 2015-07-10➖FAWCUS, Mary resigneddirector
- 2015-07-10➖MOUNTGARRET, Viscountess Fenella resigneddirector
Showing most recent 50 of 70 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Roman Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Roman Bidco Limited
Corporate parent · holds 75-100% shares
⬇
BANNER LIMITED
This company · 07464584
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Roman Bidco Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 09/03/2022 |
6 historic (ceased) PSCs
- Cbpe Capital Llpceased 09/03/2022· 75-100% voting · board control · significant influence · firm interest
- Cbpe Capital X Gp Llpceased 09/03/2022· 75-100% shares · significant influence · firm interest
- Trowbridge Bidco Limitedceased 27/10/2021· 75-100% shares · 75-100% voting
- Roman Bidco Limitedceased 27/10/2021· 75-100% shares · 75-100% voting
- Roman Bidco Ltdceased 27/10/2021· 75-100% shares · 75-100% voting
- Blue Max Group Ltdceased 20/12/2017· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · BA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AFEARD LTD→ 15956993 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALL DOGS HAVE DREAMS LTD→ 16425104 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLUM LIMITED→ 02617922 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| ARHAM WEAR LTD→ 15405552 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMS-TEC LTD→ 16338430 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ATLAS INTERIORS LIMITED→ 06910215 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| BACK TO NATURE WALL ART LTD→ 13040604 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BANDITA LTD→ 15677533 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BANK TACKLE LTD→ 11104102 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BANNER (NORTH) LIMITED→ 03793118 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| BANNER HOLDINGS LIMITED→ 10309986 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BATH COTTAGE FLOWERS LIMITED→ 12382577 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2010-12-08
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear
Registered office
Unit 5 Kennet Way
Trowbridge
Wiltshire
BA14 8BL
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08
Officers (2 active · 14 resigned)
BLACKMAN, Heather Frances→
Activedirector · ~63y · appointed 2025-03-14
View their other companies + combined net worth →
Active
FAWCUS, David→
Resignedsecretary · appointed 2010-12-08 · resigned 2015-07-10
OSBORNE, Nigel Richard→
Resignedsecretary · appointed 2016-01-15 · resigned 2018-06-30
PLENDERLEITH, Nigel Brindley→
Resignedsecretary · appointed 2015-07-10 · resigned 2016-01-15
ASTON-PHILLIPS, Jeremy David Hugh→
Resigneddirector · ~56y · appointed 2011-01-01 · resigned 2014-10-07
BEVAN, Paul→
Resigneddirector · ~60y · appointed 2010-12-08 · resigned 2016-01-31
FAWCUS, David→
Resigneddirector · ~93y · appointed 2010-12-08 · resigned 2015-07-10
FAWCUS, Mary→
Resigneddirector · ~85y · appointed 2010-12-08 · resigned 2015-07-10
FREELAND, Bruce Royston→
Resigneddirector · ~59y · appointed 2013-01-30 · resigned 2026-05-14
LEECH, Glenn Peter→
Resigneddirector · ~51y · appointed 2017-09-04 · resigned 2025-03-14
MOUNTGARRET, Viscountess Fenella→
Resigneddirector · ~61y · appointed 2010-12-08 · resigned 2015-07-10
OSBORNE, Nigel Richard→
Resigneddirector · ~60y · appointed 2016-01-15 · resigned 2018-06-30
PLENDERLEITH, Nigel→
Resigneddirector · ~74y · appointed 2010-12-08 · resigned 2017-12-31
WEBB, Ian John→
Resigneddirector · ~53y · appointed 2018-09-27 · resigned 2024-02-28
WHITBY, Christopher→
Resigneddirector · ~73y · appointed 2010-12-08 · resigned 2015-07-10
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
1
Outstanding
1
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Investec Bank Investec Bank PLC | A registered charge | 1 property | 27/10/2021 | — | |
| satisfied | Pnc Business Credit (A Trading Style of Pnc Financial Services UK ) Pnc Business Credit (A Trading Style of Pnc Financial Services UK LTD) | A registered charge | 1 property | 24/04/2020 | 04/11/2021 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 23/07/2019 | 17/05/2021 | |
| satisfied | Pnc Financial Services UK Pnc Financial Services UK LTD | A registered charge | 1 property | 21/12/2018 | 04/11/2021 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | — | 10/07/2015 | 04/01/2019 | |
| satisfied | Mml UK Partners (As Security Trustee) Mml UK Partners LLP (As Security Trustee) | A registered charge | — | 10/07/2015 | 04/11/2021 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 09/04/2013 | 04/01/2019 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 09/04/2013 | 04/01/2019 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD ("the Security Holder") | Fixed charge on non-vesting debts and floating charge | 1 property | 13/01/2011 | 16/04/2013 | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 15/12/2010 | 16/04/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-05-27
accounts-with-accounts-type-full
accounts · AA
2026-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-09
appoint-person-director-company-with-name-date
officers · AP01
2025-03-14
termination-director-company-with-name-termination-date
officers · TM01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
accounts-with-accounts-type-full
accounts · AA
2024-06-11
appoint-person-director-company-with-name-date
officers · AP01
2024-06-10
termination-director-company-with-name-termination-date
officers · TM01
2024-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-08
accounts-with-accounts-type-full
accounts · AA
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-full
accounts · AA
2022-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-09